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Seoul Slaps Fines on Four Foreign Automakers for Exaggerating Gas Efficiency

Seoul Slaps Fines on Four Foreign Automakers for Exaggerating Gas Efficiency

SEJONG, Jan. 7 (Korea Bizwire) – The South Korean government has imposed fines on four foreign automakers, including German automaker Audi and Chrysler of the United States, for inflating the fuel efficiency of their vehicles sold here, an official said Wednesday. “The government imposed a fine of between 3 million won and 4 million won (US$2,720-$3,630) [...]

[In-depth] Renault Samsung’s Twingo Won’t Land in Korea due to Regulation

[In-depth] Renault Samsung’s Twingo Won’t Land in Korea due to Regulation

SEOUL, Nov. 25 (Korea Bizwire) — Due to a difference of 4 centimeters in width, the Twingo, the popular city car model manufactured by Renault, will not land in Korea. Renault Samsung Motors said recently that it won’t be able to import the light car model because of incongruity with Korea’s light car regulation. Currently the Korean government defines [...]